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2026 Supreme(Online)(AP) 10381
APHC010065172025 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI [3396](Special Original Jurisdiction)
WEDNESDAY, THE ELEVENTH DAY OF MARCH TWO THOUSAND AND TWENTY SIX
PRESENT THE HONOURABLE DR JUSTICE VENKATA JYOTHIRMAI PRATAPA
CRIMINAL PETITION Nos: 1414, 815, 2332, 2333, 2334, 4424, 4435, 9122 and 9812 of 2025
CRIMINAL PETITION NO: 1414/2025:
Between:
1. P ICHIGUNTIA MAHESWAR,, S/O.LAKSHMANNA, ROYAL CLUB MEMBER, SOUTH INDIA HEAD, SHREYA GROUP OF COMPANIES, R/O.H.NO.1-99, THADAKANAPALLI VILLAGE, KALLUR MANDAL, KRUNOOL DISTRICT.
...PETITIONER/ACCUSED
AND
1. T HE STATE OF ANDHRA PRADESH, REP. BY ITS PUBLIC PROSECUTOR, HIGH COURT AT AMARAVATHI, THROUGH SUB-INSPECTOR OF POLICE, KURNOOL III TOWN POLICE STATION.
...RESPONDENT/COMPLAINANT
Counsel for the Petitioner/accused:
1. SRAVAN KUMAR NAIDANA
Counsel for the Respondent/complainant:
1. PUBLIC PROSECUTOR
CRIMINAL PETITION NO: 815/2025:
Between:
1. S MT SANGEETA RAI, W/O SHREE. HEMANTH KUMAR RAI R/O PLOT NO. A85, SOUTH CITY. A BLOCK, LUCKNOW, UTTAR PRADESH - 2226025 .
...PETITIONER/ACCUSED
AND
1. T HE STATE OF ANDHRA PRADESH, REPRESENTED BY ITS PUBLIC PROSECUTOR HIGH COURT OF JUDICATURE AT AMARAVATI.
...RESPONDENT/COMPLAINANT
Counsel for the Petitioner/accused:
1. SINGAMSETTY V.M. SANKAR
Counsel for the Respondent/complainant:
1. PUBLIC PROSECUTOR
CRIMINAL PETITION NO: 2332/2025:
Between:
1. D OKKARI TATAYYA, S/O.KRISHNA MURTHY, AGED 52 YEARS.R/O.SUVAMAPURAM, SRIKAKULAM DISTRICT.
...PETITIONER/ACCUSED
AND
1. T HE STATE OF ANDHRA PRADESH, REP. BY ITS PUBLIC PROSECUTOR, HIGH COURT AT AMARAVATHI, THROUGH SUB-INSPECTOR OF POLICE, KURNOOL III TOWN POLICE STATION.
2. NAGI REDDY VENKATA SUBBA REDDY, S/O. N. ACCHI REDDY, AGED 49 YEARS, EX-ARMY, R/O. H.NO.1402-15-1, DHANA LAKSHMI NAGAR, NEAR NANDYAL CHECK POST, KURNOOL DISTRICT, ANDHRA PRADESH.
Counsel for the Petitioner/accused:
1. SRAVAN KUMAR NAIDANA
Counsel for the Respondent/complainant:
1. KALEEMULLA S
2. PUBLIC PROSECUTOR
CRIMINAL PETITION NO: 2333/2025:
Between:
1. V ISHAL SAROJ, S/O.CHHOTE LAL SAROJ, AGED 28 YEARS, BORD MEMBER DIRECTOR MANAGER 62/21/B, BHOLA KA PURA DHOOMANGANI,ALLAHABAD, UTTAR PRADESH
...PETITIONER/ACCUSED
AND
1. T HE STATE OF ANDHRA PRADESH, REP. BY ITS PUBLIC PROSECUTOR, HIGH COURT AT AMARAVATHI, THROUGH SUB-INSPECTOR OF POLICE, KURNOOL III TOWN POLICE STATION.
2. NAGI REDDY VENKATA SUBBA REDDY, S/O. N. ACCHI REDDY, AGED 49 YEARS, EX-ARMY, R/O. H.NO.1402-15-1, DHANA LAKSHMI NAGAR, NEAR NANDYAL CHECK POST, KURNOOL DISTRICT, ANDHRA PRADESH.
Counsel for the Petitioner/accused:
1. SRAVAN KUMAR NAIDANA
Counsel for the Respondent/complainant:
1. KALEEMULLA S
2. PUBLIC PROSECUTOR
CRIMINAL PETITION NO: 2334/2025:
Between:
1. G ANTA NANAJEE, S/O.SURYARAO, AGED 44 YEARS, TAMMAIAHPETA, NAKKAPALLI MANDAL, VISAKHAPATNAM.
...PETITIONER/ACCUSED
AND
1. T HE STATE OF ANDHRA PRADESH, REP. BY ITS PUBLIC PROSECUTOR, HIGH COURT AT AMARAVATHI, THROUGH SUB-INSPECTOR OF POLICE, KURNOOL III TOWN POLICE STATION.
2. NAGI REDDY VENKATA SUBBA REDDY, S/O. N. ACCHI REDDY, AGED 49 YEARS, EX-ARMY, R/O. H.NO.1402-15-1, DHANA LAKSHMI NAGAR, NEAR NANDYAL CHECK POST, KURNOOL DISTRICT, ANDHRA PRADESH.
...RESPONDENT/COMPLAINANT
Counsel for the Petitioner/accused:
1. SRAVAN KUMAR NAIDANA
Counsel for the Respondent/complainant:
1. KALEEMULLA S
2. PUBLIC PROSECUTOR
CRIMINAL PETITION NO: 4424/2025:
Between:
1. R AJESH KUMAR SINGH,, S/O. BASANTH SINGH, AGED 46 YEARS, R/O.A-32,LUCKNOW TO KANPUR RAOD,NAYA BASTI,NEAR HOUSEING SOCITY SROJINI NAGAR,, ,LUCKNOW, UTTAR PRADESH.
...PETITIONER/ACCUSED
AND
1. T HE STATE OF ANDHRA PRADESH, , Rep. By its Public Prosecutor, High Court at Amaravathi, Through Sub-Inspector of Police, Kurnool ill Town Police Station.
...RESPONDENT/COMPLAINANT
Counsel for the Petitioner/accused:
1. SRAVAN KUMAR NAIDANA
Counsel for the Respondent/complainant:
1. PUBLIC PROSECUTOR
CRIMINAL PETITION NO: 4435/2025:
Between:
1. S HALINI KASHYAP, S/O.RAJU KASHYAP, AGED 29 YEARS, R/O.HOUSE NO.3/354,VISHWAS KHAND-3,GOMTHINAGAR,LUCKNOW UTTAR PRADESH.
...PETITIONER/ACCUSED
AND
1. T HE STATE OF ANDHRA PRADESH, REP. BY ITS PUBLIC PROSECUTOR, HIGH COURT AT AMARAVATHI, THROUGH SUB-INSPECTOR OF POLICE, KURNOOL III TOWN POLICE STATION.
Counsel for the Petitioner/accused:
1. SRAVAN KUMAR NAIDANA
Counsel for the Respondent/complainant:
1. PUBLIC PROSECUTOR
CRIMINAL PETITION NO: 9122/2025
Between:
1. H EMAT KUMAR RAI, S/O KRISHNA KUMAR RAI, AGED ABOUT 48 YEARS, R/O P.NO.A 85, SOUTH CITY, A-BLOCK, RAEBARELI ROAD, LUCKNOW, UTTAR PRADESH.
...PETITIONER/ACCUSED
AND
1. T HE STATE OF ANDHRA PRADESH, REP. BY ITS PUBLIC PROSECUTOR, HIGH COURT OF ANDHRA PRADESH AT AMARAVATI, THROUGH STATION HOUSE OFFICER, KURNOOL III TOWN POLICE STATION, KURNOOL DISTRICT.
2. N AGI REDDY VENKATA SUBBA REDDY, S/O. N. ACCHI REDDY, AGED 49 YEARS, EX-ARMY, R/O. H.NO.1402-15-1, DHANA LAKSHMI NAGAR, NEAR NANDYAL CHECK POST, KURNOOL DISTRICT, ANDHRA PRADESH. RESPONDENT NO.2 IS IMPLEADED AS PER THE COURT ORDER DATED 11.09.2025 IN I.A.NO.1 OF 2025 IN CRL.P.NO.9122 OF 2025.
...RESPONDENT/COMPLAINANT(S):
Counsel for the Petitioner/accused:
1. SRAVAN KUMAR NAIDANA
Counsel for the Respondent/complainant(S):
1. KALEEMULLA S
2. PUBLIC PROSECUTOR
3. SPL.PUBLIC PROSECUTOR FOR CID
CRIMINAL PETITION NO: 9122/2025:
Between:
1. H EMAT KUMAR RAI, S/O KRISHNA KUMAR RAI, AGED ABOUT 48 YEARS, R/O P.NO.A 85, SOUTH CITY, A-BLOCK, RAEBARELI ROAD, LUCKNOW, UTTAR PRADESH.
...PETITIONER/ACCUSED
AND
1. T HE STATE OF ANDHRA PRADESH, REP. BY ITS PUBLIC PROSECUTOR, HIGH COURT OF ANDHRA PRADESH AT AMARAVATI, THROUGH STATION HOUSE OFFICER, KURNOOL III TOWN POLICE STATION, KURNOOL DISTRICT.
2. N AGI REDDY VENKATA SUBBA REDDY, S/O. N. ACCHI REDDY, AGED 49 YEARS, EX-ARMY, R/O. H.NO.1402-15-1, DHANA LAKSHMI NAGAR, NEAR NANDYAL CHECK POST, KURNOOL DISTRICT, ANDHRA PRADESH. RESPONDENT NO.2 IS IMPLEADED AS PER THE COURT ORDER DATED 11.09.2025 IN I.A.NO.1 OF 2025 IN CRL.P.NO.9122 OF 2025.
...RESPONDENT/COMPLAINANT(S):
Counsel for the Petitioner/accused:
1. SRAVAN KUMAR NAIDANA
Counsel for the Respondent/complainant(S):
1. KALEEMULLA S
2. PUBLIC PROSECUTOR
3. SPL.PUBLIC PROSECUTOR FOR CID
CRIMINAL PETITION NO: 9812/2025:
Between:
1. G UDEM SRINIVASULU, S/O G.CHINNA GIDDAIAH, AGED ABOUT40YRS, OCC BUSINESS, R/O H.NO.3-62, VAMASAMUDRAMU, H/O KALLUR MANDAL, KURNOOL DISTRICT.
2. K .DAMODARA REDDY,, S/O K.RAMIREDDY, AGED ABOUT 49YRS, OCC BUSINESS, R/O H.NO.2-165, TADAKNAPALLI VILLAGE, KALLUR MANDAL, KURNOOL DISTRICT.
...PETITIONER/ACCUSED(S)
AND
1. T HE STATE OF ANDHRA PRADESH, Rep. by its Public Prosecutor, High Court of Andhra Pradesh, Through Station House Officer, III Town Police Station, Kurnool,
...RESPONDENT/COMPLAINANT
Counsel for the Petitioner/accused(S):
1. SUBRAMANYAM DARABOINA
Counsel for the Respondent/complainant:
1. KALEEMULLA S
2. PUBLIC PROSECUTOR
___________________________________
DR.VENKATA JYOTHIRMAI PRATAPA, J
Date: 11.03.2026.UPS
THE HONOURABLE DR JUSTICE VENKATA JYOTHIRMAI PRATAPA
CRIMINAL PETITION Nos: 1414, 815, 2332, 2333, 2334, 4424, 4435, 9122
and 9812 of 2025
COMMON ORDER :
1. These Criminal Petitions have been filed under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for brevity „the BNSS‟) by the Petitioners/Accused Nos.2, 3, 5, 6, 7, 8, 9, 14, 18 and 23 for granting of pre- arrest bail in connection with in Crime No. 352 of 2024 on the file of Kurnool III Town Police Station, registered for the alleged offences punishable under Sections 21(1), 21(2), 21(3), 22 and 23 of the Banning of Unregulated Deposit Schemes Act, 2019, Section 5 of the Andhra Pradesh Protection of Depositors of Financial Establishments Act, 1999 and Sections 318(4), 316(4), 335 read with 3(5) of Bharatiya Nyaya Sanhita, 2023 (for short “BNS”).
2. Since the subject matter of these Criminal Petitions is one and the same, at the request of the learned counsel on both sides, these matters are heard together and the following common order has been passed.
3. Heard the learned counsel for the petitioners, the learned counsel for the defacto complainant and the learned Special Public Prosecutor for CID representing on behalf of the State. Perused the record.
4. The case of the prosecution in brief is that this is a case of cheating, criminal breach of trust, followed by forgery and other offences under the provisions of APPDFE Act, 1999 and BUDS Act, 2019. The offence occurred prior to 22.11.2024 at Shreya Group of Companies, located at Birla Compound, Kurnool Town and was reported on 22.11.2024. In this case, A5, A6 and A8 approached the complainant and persuaded him to invest a sum of Rs.5,00,000/- in A1 company, promising that he would receive a return of Rs.50,000/- per month for 18 months. Believing their deceitful words, the complainant invested the said amount in cash. The accused then executed an agreement, stating that if A1 company failed to pay the agreed returns, they would take personal responsibility. Accordingly, the complainant initially received the returns as promised. Encouraged by this, the complainant and his wife subsequently deposited a total amount of Rs.4,84,50,000/- on various dates. The A2, A3 and A4 with dishonest intention, in connivance with other accused cheated innocent members of the public by offering them false promises.
5. Learned counsel for the petitioners would submit that initially the defacto complainant is also one of the Director and Partner of the company. A2 being one of the Directors issued legal notice to the defacto complainant on 03.10.2024. The defacto complainant issued reply seeking time. Arbitration proceedings are initiated at Lucknow. The petitioners are also victims in the hands of the defacto complainant. The defacto complainant has taken responsibility of the Andhra area on behalf of the company to collect deposits. Except the defacto complainant, no other victims are there in this case. A crime has been registered against the defacto complainant on 18.10.2024 at Lucknow and notice under Section 41(a) has been issued to the defacto complainant. As a counter attack, this case has been lodged against the company on 22.11.2024.
6. Learned counsel for the defacto complainant would submit that the company invited deposits from the public and initially they have obliged with the conditions of the deposits. Believing them, people invested amount from time to time. Learned counsel for the defacto complainant would further submit that the defacto complainant as the incharge of the Andhra area, he has personally cleared the amounts due to the innocent public.
7. Learned Special Public Prosecutor for CID would submit that 32 witnesses are examined in this matter so far. The investigating agency got seized the accounts of the company, wherein no funds are available and still they are issuing cheques. He would further submit that accused No.4 is the minor daughter of
